Avient Corporation Extends Dividend Growth Streak to Sixteen Years
Avient Corporation’s board of directors has authorized a quarterly cash dividend of 28.25 cents per share, marking the company’s sixteenth consecutive year of payout increases. This adjustment elevates the annualized dividend rate to $1.13 per share, signaling a sustained commitment to returning capital to the firm's shareholders.
The dividend payment is scheduled for distribution on January 7, 2027, to all stockholders of record as of December 11, 2026. This move represents a steady rise from the previous annualized rate of $1.10 per share.
Dr. Ashish Khandpur, Chairman, President and Chief Executive Officer of the Cleveland-based materials firm, attributed the decision to the company's robust cash flow and a disciplined approach to capital allocation. The announcement underscores the organization's focus on long-term financial stability despite the evolving demands of the global materials market.
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